Natron's batteries, which store sodium ions in electrode materials based on Prussian blue materials, offer higher power density, longer service life, and unique safety characteristics over other battery technologies. Natron and Nabors are evaluating the introduction of sodium-ion batteries as an energy storage solution for drilling markets.

Natron plans to use the funds to accelerate the production of its sodium-based battery technology at its Michigan facilities, concentrating on industrial power and energy transition markets.

('Natron'), a global leader in the manufacturing of sodium-ion batteries. ('Nabors') (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced that it has invested $7 million in Natron Energy, Inc. HAMILTON, Bermuda and SANTA CLARA, Calif., J/PRNewswire/ - Nabors Industries Ltd. Provides $7 million to scale up production capacity for pioneering sodium-ion batteryĭeveloper to tap emerging oilfield carbon reduction market

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